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China would rather see TikTok close than a forced sale

According to reports, the Chinese government would rather see TikTok shut down in the US than agree to President Donald Trump’s request for a sale to one of its US suitors.

Chinese officials believe the sale of TikTok’s U.S. assets makes both China-based parent company ByteDance and Beijing look weak under pressure from Washington, Reuters reported, citing sources with direct knowledge of the matter.

Two of the sources claimed Beijing was ready to delay any deal by ByteDance by revising a technology export list. TikTok̵

7;s parent company has held talks with Microsoft and Oracle to meet the mid-September deadline set by Trump.

However, ByteDance said in a statement to Reuters that there had been no proposals from the Chinese government to shut down TikTok in the US

Digital Trends has asked TikTok for further comments on the matter. We will update this article as soon as we receive a response.

Trump does not extend the deadline for TikTok

Trump has announced that he will not extend the deadline for ByteDance to sell TikTok’s U.S. assets, leaving open the possibility that the successful video-sharing app will have to shut down.

“We will either close TikTok in this country for security reasons or it will be sold. There will be no extension of the TikTok deadline, “said Trump.

Trump’s September 15th deadline is getting closer and closer, and a recent Bloomberg report alleged that it could be difficult to get government approval to sell before that date.

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